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minors to act aggressively. bonnie ross, a mother of two young children with her own concerns, also happens to run one of the most successful first person shooter games around -- "halo 4." while it's far more tame than the violent games many point fingers at, ross's advice is the same. what do you say to parents who say it's too violent, not good for kids? >> what i recommend is your kids are going to play games. play it with them so that you can really be there to answer questions and help them through that, and then you have to make a decision as a parent what's right for you. >> reporter: games, movies, music, comics. easy targets amidst a moral panic. >> as a society, if we focus in on the wrong issue, focus in on something that is a red herring, that is not going to help anybody, that can really distract the national conversation from serious issues. >>> and thank you for watching abc news tonight. we do hope you check in with our friends at "good morning america," bringing you the world while you rest and we're always online at abcnews.com. we have some great ways to help out
you, dana and jessica. >>> and with us now, "new york times" finest, columnist ralph, and ross. ross, i'm going to start with you. you think both sides have decided it's in their political interest to go over the fiscal cliff. is that right? >> yeah, you never want to rule a deal off the table because we have lived through so many rounds that have ended in deals in the last couple years, but in this case, i think democrats think they get a better deal on policy by going over the cliff. that they end up getting more in taxes with less in spending cuts than they would get if they had to cut a deal right now. and republicans have persuaded themselves not completely convincingly in my view, but they have persuaded themselves it's much better to accept slightly higher taxes that they themselves don't have to vote for directly, even though they'll still be casting a vote for new tax rates, they'll be able to say, well, taxes have already gone up and we're just voting to cut them. so that's sort of how, at least, i think both sides are persuading themselves to sort of tip-toe off the cliff.
. welcome to fox 5 morning news. i've dave ross. >> and i'm wisdom, good to see you! fun to be here on a sunday. >> we'll have a good time talking redskins. >> it is a meaningful game around christmas time. >>> also keeping tabs on the weather, bothn our area and in philly as well. this is a live look outside at the national christmas tree.got your christmas shopping done? >> of course not! >> make sure you move my name up to the top of the list! >>> a look at the national christmas tree near the white house. fox 5's gwen tolbert is in the weather center right now. how are things looking right now? >> it's a little chilly right now. i hope the both of you have my name at the top of your lists as well. i could change that weather up for you! we had a very windy day yesterday. temperatures close to seasonal. let's take a look at numbers. 45 degrees at reagan national, 42 at dulles and bwi. winds were extremely gusty, up to 51 miles per hour at dulles yesterday, unbelievable. today, a much calmer day. temperatures right now, 29 in the nation's capitol, 32 at annapolis, 19 at manassas,
kernen. andrew ross sorkin is off this week, he's on vacation. our guest, greg. >> great to be here. >> you're very pleased that you're with us here for an hour because we do have a lot to talk about. >> has a lot of experience. >> yes, he does. >> we've got a lot of stories that we'll be talking through this morning, but let's start with that big story that joe was just talking about. president obama speaking to the business round table today, attending to the group's quarterly meeting of ceos. jim mcnerny says including meaningful and comprehensive tax and entitlement reforms. this is the number one story that we've been talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be? >> that would be a big problem. i actually still believe that those -- the democrats, the administration, republicans in the final analysis don't want to see that happen. they do understand that not only would
up on twitter at fox 5 ross or fox 5 facebook page and we will answer your pressing questions and concerns about your washington redskins who fell behind last night 7-0 when tony romo hit jason. the redskins have been trailing. here's the reason why. alfred morris, what a find this 6th round pick has been and whipped up the cowboys yesterday. 33 carries and this carry breaks the single season rushing record held by clinton portis. gives a hand to the rookie who has 1613 yards. what a day. rgiii in the third quarter going to break the 7 all tie by limping into the end zone. 14-7 at that point. and alfred morris. look at the cut back and doesn't have a ton of speed but enough to get to the house. 200 yards on the day. three touchdowns. redskins win 28-18 and morris talked about that rushing record. >> it was special. never really on my mind about the record. but i don't want to disconsider it. it was an honor to pass clint portis. you can call myself a fan. he told me before the game i want you to break the record. coming from where i came from, i'm thankful. it's a humbling ex
? fox 5's dave ross here to debate the xs and os. >> off the wall, dave ross with the martin, wiz. it's all about one thing, the cowboys and the redskins, the biggest game arguably that we have seen in d.c. in -- well, at least as long as we have been here, decades. how long have you been here? >> 10 years. >> 18 for me and i can't recall a bigger game. >> i said decades. >> what are the keys to victory? >> run the ball, stop the other team on defense, don't let dallas get -- because dallas has skilled players with harris, miles austin and bryant, they have skilled players. tony romo is okay. the key is going to be if the redskins secondary can shut down those particular scale of players, the running game is okay. >> i agree. >> they got to stop the long ball. >> i would tend to agree with that but that's what they do. you don't want to let demarco murray get going. my concern is the other side of the ball because if i'm the redskins and red cross red cross with the knee -- robert griffin iii -- if his knee is okay we can run it with effectiveness. >> i don't think the knee is going t
still ahead on fox 5 morning news. >> we are talking about the redskins big win. dave ross joins us later this hour with highlights and we're looking ahead for the burgundy and gold hosting the seahawks in the upcoming wild card game at fedex field. >> a lot of excitement about that and a lot of disappointment about this. the fiscal cliff fight, still no agreement but we could get word of new developments later on this morning. stay with us. we'll be right back. ht back.  >>> take a live look at udc right now, an area down there and pretty quiet as you can imagine. new year's eve, a lot of people are still off for the holidays and it is good that they'll be off because it is pretty cold. you don't want to be out there having to deal with your morning commute today. that is for sure. >> a few stragglers i saw -- >> redskins celebrating? >> a few stragglers from late night celebrations. >> they'll be celebrating tonight because of the new year. >> it is cold out. temperatures at or below freezing. so if you are growing to be straggling out and about the next couple of hours or so, m
and welcome to "squawk box" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky continues to have the day off today. our guest host today is bob broska. house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will take several measures to save that next year to keep the government from reaching the limit for about two months. but geithner warns it is harder to predict how long the delay will last because of all of t
, people like panera, tjx, ross, the pet guys that you mentioned. it's a very recession resilient product. >> you have the most diversity of any of the real estate investment trusts, isn't anyone that could take you down. >> kroger's the best of our tenants, they're doing great. tjx, ross, safeway, the concentration of our tenants as you said, very diversified, very good names. and one of the things we're also working on is even more focusing our footprint to locations that are going to benefit from the growth because the markets that we're in, texas, california, florida, the sun belt, the west, the good tax climates, the good business climates, places that benefit from immigration, migration, baby boomers, et cetera. >> well, that's important because one of the themes we've been hitting on is there's some things that can trump even what washington's done. meaning that they could set us back, but you've got some stories in here about areas that are just terrific where your development pipeline is and the strong balance sheet obviously. but it looks like you are in the genuine actual growt
. you know that. so now i know what wolf is getting me. >> we forgot to mention diana ross was great last night at the christmas in washington event. december 21st, diana ross. that's it for us. thanks for watching. "erin burnett out front" starts right now. >> out front next, president obama in michigan today, selling americans on his plan for taxes. we're 22 days away from the cliff. does the plan add up? >> and a daring rescue in afghanistan claimed the life of an american navy s.e.a.l. as we prepare to go to afghanistan, we take a closer look at the american troop presence and how many americans will stay. >>> and offfield violence leads to the death of two nfl players. why the violence on the field, though, is a much more important issue. let's go "out front." >> good evening, everyone. i'm erin burnett. "outfront" tonight, cliff, slope, grand canyon. i don't know, martian cave, jupiter like storm. is the fiscal cliff really a fiscal slope. a downward spiral to something much worse. the possibility of going off the cliff is just 22 days away, and it sounds pretty ominous, but it
years. bernard zager and janine ross hadn't been an item since the 1940s, and that all changed three years ago after they met on classmates.com. at the tender ages of 86 and 84, they finally tied the knot in las vegas. aww. that is just too cute. better late than never. >>> now to sports. "sunday night football," eagles and cowboys. philadelphia had the ball late in the game but a fumble was picked up by morris claiborne. cowboys downed the eagles 38-33. there you go. >>> chicago now in overtime, seattle kquarterback russell wilson hit sidney rice for a 13-yard touchdown. and the seahawks get a dramatic win over the bears, 23-17. >>> after finishing in a tie earlier this season, st. louis and san francisco were tied in regulation. then the rams kicked a field goal in overtime for the 16-13 win over the 49ers. >>> and pittsburgh's quarterback, charlie batch, leads a fourth quarter comeback against baltimore, and the steelers kicked a field goal as time ran out for a victory over the ravens, 23-20. >>> now to college ball, notre dame number one in the bcs standings will face number two
. and there is a difference between understanding a tragedy and capitalizing on it shamelessly. more with this on wilbur ross who says do not blink. on fbn. only fbn. good night. >> eric: hello. i'm eric bolling with kimberly guilfoyle, bob beckel, dana perino, greg gutfeld. 5:00 in new york city. this is "the five." ♪ ♪ >> eric: on september 11, terrorists assassinated four in benghazi. five spent months discussing what happened that night. we went 15 days in a row to discuss the benghazi tragedy. the left wing media accused us and fox for overdoing the story. today, the state department released this report. first, something peculiar happened a couple days ago. there is a briefing. hillary clinton called for report and said this. >> i am responsible for the state department and 60,000 people around the world. decision about the security assets are made by security professionals. >> eric: that first part again? >> i'm responsible for the state department. >> okay. i'm responsible. but hillary clinton is no-show tomorrow. madam secretary bumped her head the other day and her doctor recommends she stay in
on the fiscal cliff. >> time for the global markets report. ross westgate standing by london. and then i say kelly. is that -- >> it's me. i'm here. we're flip-flopping kelly and i. >> we were ready no anything there. i introduced you, but then i tossed to kelly. so that's the way we'll keep it from now on. >> consummate professional. hedging your options. advancers barely outpacing decliners. very slim gains on the equity markets. but it is worth pointing out ft ftse 100 up nine out of the last ten sessions. ftse flat now. xetra dax up a quarter. cac 40 up around two thirds. ibex up half of 1% as well. spain have officially applied for bailout money. it is keeping yields well contained at the moment. 5.25%. a long way below that 6% level. italian yields also very well contained. lower today 4.41%. and the betting now is can spain keep from having to go for an official omt bailout to beyond the german elections which is scheduled september to october next year. so that's the game we play despite they have will have i issuance in 2013. gilt yields, chancellor statement coming out tomorrow. co
excitement over sunday's regular season finale keeps going. dave ross will join us with a look. fox5 morning news at enst starts now. >>> there's your live look outside. not a bad start to the day. could look very different 24 hours from now. tucker will tell you about that in a few minutes. this is friday, december 28, 2012. good morning, i'm tony perkins. >> i'm sarah simmons. alison seymour has the morning off. we are here to bring you the latest on the weather, well, tucker is. let's check in with him now. >> good morning. nice quiet start today. we have temperatures back in the 30s. it will be a decent friday. partly sunny. highs in the low 40s. less wind than yesterday. today we're fine, and then we've got this winter event for tomorrow. it's not going to be a big storm, but maybe enough to have light accumulations around here during the day tomorrow. reagan national now 36 degrees. dulles 33. bwi marshall 34 degrees. quiet start to the day. cloud cover at the moment. and as you look to the south and west, look into western tennessee and northern parts of mississippi and alaba
, not stellar holiday shopping season and let's bring in carol ross, former investment banker, knows a thing or two about shopping and investment petailers, i'm saying, i'm tired of the excuses. i'm tired of hearing, oh, it's sandy or it's that or that and there's always an excuse when the economy starts to weaken, i just any the economy is weakening. what do you say? >> well, i agree, i mean, obviously, people have less money, they haven't been working and they're underemployed, but i do think that this is the big piece, stuart, this is pessimism. because you have to remember, even in the face of no money and no job, which has been going on for a while. consumer credit capacity actually has been increasing and consumers have been deleveraging and their home values have been going and theoretically they have more credit capacity, the fact that they're not using that capacity says to me, they're not optimistic about the future. >> i can see that this fiscal cliff thing is a problem. because nobody knows what's going to happen. you have no certainty for next year, so, i can see the fiscal clif
" here on cnbc. i'm andrew ross sorkin along with joe kernen. becky quick is out today. our guest host this hour, rebecca patterson and peter. check out today's lineup. it is a biggie. we have an exclusive interview with dallas fed pet jrichard fibber. and the interview of the morning you do not want to miss. it is a crazy story we've been talking about for the past two weeks. john mcafee will be joining us live on camera at 8:40 a.m. eastern. we're going to get the latest chapter in this mystery that has murder, mayhem and suspension. his life is the movie of the week, if you will, and we will have it live right here at 8:40. please, do not miss that. let's get you caught up on some of the other headlines this morning. house speaker john boehner and president obama met for the second time this week. both parties are trying to avoid the fiscal cliff. the men had a frank discussion and the lines of communication remain open, although no specific details were released. the meeting came after frustration in washington. this was house speaker boehner earlier in the day. >> republicans want
quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not yet accepted the proposal. >>> also, apple says it has sold more than 2 million in iphone 5s in china just over the last three days. that's the best ever debut for the iphone line in china. apple is china's second biggest market, although it did lose a lot of market share while they were waiting for that i5 to come out
ross sorkin. our guest host this hour is julia sed. fiscal cliff negotiations, our top story. now president obama is proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. that's above the $250,000 threshold that the president has been demanding for months, but it is still far from speaker john boehner's request of $1 million. a source familiar with the talk says this is by no means the final offer for the white house. the move by the president was welcomed, albeit with some reservations. we will talk about the latest developments in just a few minutes. in the meantime, the global markets seem to be taking note of the optimism. you can see right now that those dow futures are up by 54 points. this comes after a decent rally for the markets yesterday. s&p futures at this point are up by better than seven points and the nasdaq futures up, as well, by about 17. european shares rising. germany is up, the ftse is up, the france, the cac in france has turned slightly down. but, again, this is a marginal loss of about three points. most of the ma
h.w. bush unseated by clinton with 42% of the vote but ross perot was in there. but h.w. bush faced a primary channel from buchanan -- challenge from b buchanan. smart u.s. move is to put hillary clinton in the cabinet so she wasn't causing mischief. >> do you buy that? >> it made his job more difficult. i don't buy -- i understand why tag romney said what he said. he wants to protect his dad. there is something noble in doing that. i don't buy the claim that the dad didn't want to run for president. he ran for president for six years. you have don't do that if you don't want to run for president. romney for all the good quality that he had, one quality that he lacked in my view was authenticity. this is somebody who seemed like he wanted it badly. seemed like he wanted to run. showed through in everything that he did. now, one could argue that is good. one could argue it's bad. it's a stretch for me to believe he didn't really want to run. >> doug: somebody said -- i wish i could remember who it was. mitt romney in some respect, i think it was meant as a compliment was a ward cleav
on cnbc. i'm andrew ross sorkin along with joe kernen. becky quick is off today. our best host this hour, alexander ladenthal. we have a lot to cover with her this morning. here we are, christmas eve. it's a shortened trading session for christmas eve. u.s. equity markets will close at 1:00 p.m. eastern time. bond currency and commodity trading they're going to end early. in japan, indonesia, the philippines, they were all closed in europe. only the uk, french, dutch and spanish stock markets are open and they're going to be closing early. there are now only five trading sessions left in 2012. get your act together. stocks and bonds, solid gains so far this year. the dow has advanced 8% in total. the s&p 500 up almost 14%. the nasdaq has jumped 16%. it's been a good year. the end of the year also means we are just days away from the fiscal cliff, however, and that's the bad news. and looming tax hikes, spending cuts, all of that. both sides warning a very big deal becoming a bit more unlikely. >> and my one bit of advice to speaker boehner is this. you cannot pass a bill with just republ
like we're living a bit on the edge of the fiscal cliff, at least. i'm andrew ross sorkin along with joe kernen and becky quick is off today. our guest host this hour, ed kehone. he's the management associate portfolio manager and we are thrilled to have ed aboard for -- i think you'll be here for longer than an hour. you'll be here for the whole broadcast. >> as long as you need me. >> you're like -- how long were you at -- you were at prudential. >> it's owned by prudential, so i've been at peru don'tal for almost 15 years now. >> widely quoted. you know who has made a comeback is ralph -- >> akampora. >> i've seen him around. do you remember his nickname? >> i don't. >> whatever you think of him, he's a great guy. >> he's a good guy. >> ed is going to try to make us slightly -- >> be a little sensitive. let's get you some some of the morning headlines. the biggest one being president obama planning to meet with congressional leaders at 3:00 p.m. eastern time today in a last ditch effort to avoid the fiscal cliff. the house majority leader eric cantor is now telling members to
was the worst that can happen? if they screw up we lose our shirts. tomorrow will ross why he is worried about these talks in washington. and creative ways to hike taxes but no clear ways to cut spending. cut him out. resolution melissa: i'm melissa francis and here's what's "money" tonight. instagram outrage. the popular photo sharing site says they're going to sell your pictures without paying you or even telling you. use, are already jumping ship. we'll tell you how this affects you and your money. >>> plus will this be the first republican controlled house ever to raise taxes? business mogul steve forbes willoin me in a fox business exclusive to break it all down. >>> the dire warning for you and all of your savings today. hackers are planning to clean out your bank account. the former deputy director of the national security agency is here with all the details so yo can hang on your sh. even whethey say it's not, it is always about money. melissa: all right. first let's take a look at the day's market headlines. other day of gins on wa street. stocks soared for the second day in a row. th
" begins right now. >> welcome to "squawk box." i'm becky quick along with joe kernen. andrew ross sorkin is on vacation this week. onset with us is drew mattis. welcome. thanks for getting up early. >> i'm always up at this time. >> we'll be going through secretary geithner's comments, but first let's get you up to speed on other stories. joe was talking about apple. it has been a rough ten weeks for the most valuable u.s. company. shares tumbling more than 6% yesterday shedding $35 billion of market value. among the reasons cited by analysts, a forecast by an influential research firm suggesting that the iphone and ipad maker is continuing to give up ground it rival the android gadgets. there were also unconfirmed reports that at least one major stock clearing house was raising margin requirements. and then there's the fiscal cliff. analysts citing fears about a hike in capital gains tax in 2013. rick santelli has been talking about this, though, the things that were up in 2012, those are the things being sold now, whether that be gold or any number of assets that rose appreciably over
kernen. andrew ross sorkin is off. we have two well-known market voices joining us. barry knapp and richard bernstein. we have a lot to talk about. thanks for coming in. we'll start things off in just a moment. we do want to begin with the markets and that looming fiscal cliff. the dow finishing november lower for the second consecutive month. the blue chips falling half a percent in november. and #% sinnasdaq and s&p did fi higher last month. six out of ten sectors managed to post a gain. consumer discretionary stocks up the most. utilities the biggest losers. and while individual trading sessions may have been choppy, it was another month of low volatility. the vix remained below 20 for the fourth consecutive month and that's the longest streak since february of 2007. a big part of the market story has obviously been a big topic dominating the sunday talk shows. tim geithner arguing republicans need make the next move in negotiations. >> republicans have said that they don't like those reforms or they would like to do more. and if that's true, then they should tell us what the
. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen. andrew ross sorkin is out today. he'll be back tomorrow. president obama and speaker boehner are not commenting about their meeting yesterday, but me members of the parties are continuing the public debate about taxes, spending and the fiscal cliff. republicans want a melt on xwiemtment and tax reform from the president. democrats insist this will not happen until the gop agrees on a tax hike. senator dick durbin saying no deal on the debt without a tax hike of the wealthy. >> i can't tell you, i don't want to do it, the president doesn't want to do it, but we need to solve the problem been we cannot allow the reckless position to drive this economy into another recession. >> some suggesting that it might be better to cave to the president now on taxes and keep up the fight on spending. >> if we were to pass, for instance, raising the top two rate and that's it, all of a sudden we do have the leverage of the debt ceiling and we haven't given that up. >> meantime, one influential voice says enough is enough. >>
's probably wrong. >> poor ross. >>> all right. power players coming up. >> no 13th month? >> in the world of investing. carlisle's david rubenstein, steve shoresman blackstone, venture capital's marc andreesson, and jamie dimon. look at that -- >> in addition we have jerry webb. make us all -- the rest of us feel -- >> we have one -- >> you're an economist or something? you play on to have -- you can think about the 12-12-12 thing in the meantime because you're good at math. >> yeah. all that stuff. >> all right. >>> as we move closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an ex
on the street" countdown to christmas continues. ho, ho, ho. ♪ >> andrew ross sorkin is bringing lloyd blankfein on stage. let's take a look. here's goldman sachs ceo lloyd blankfein. >> a number of people have touched on the fiscal cliff, and i wanted to start with that, but in a different way with you this morning, in that you have been active in washington over the past couple of weeks and all this. you've been on the phone with the white house. i've read reports that you were on the phone with the white house earlier this week. just if you could, take us behind the scenes. what goes on on these conference calls with the business community? sort of what do you see actually happening right now? >> i don't want to oversell this. i was on a couple of conference calls that the white house had with myself and other people who participated in meetings at the white house. i think the white house is trying to -- and frankly, they're doing a good job of marketing their position on this and being -- and trying to be open and transparent, responding to questions. not every question that we ask. not ever
and welcome back to south carolina here on cnbc. i'm andrew ross sorkin along with joe kernen. becky is off today. dino kosof, he's going to have a lot to talk about when it comes to what mr. bernanke just said. later in the program, we'll talk to pimco's kneneal ashkari. >>> a surprise from ben bernanke, linking unemployment to monetary policy. rates will be staying where they are right now, which is close to zero, of course. until at the very least the jobless rate falls to 6.5%. we can only cross our fingers wherefore when that might be. ben bernanke says these changes will make the central bank more transparent adding they can only help the markets. the central bank ramped up its asset purchase program adding $40 billion to its $40 billion a month purchases of mortgage-backed bonds. he spoke about the objectives during wednesday's news conference. >> the asset purchases and the rate increases have different objectives. the asset purchases are about creating near term momentum in the economy, trying to strengthen growth and job creation in the near term. and the increases in the federal
on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. andrew, welcome back. i hope you're feeling better. >> thank you. i had a little bit of a stomach bug. >> we're all a little sick around the table here. >> i know. it's a little -- i feel like weak, you know when your bones feel a little something? you had that, joe, two weeks ago, right? >> exactly what you had. you didn't -- you remember -- i remember bridesmaids, right? i'm not sure what all that came out of. i had both going. you didn't have both going? you are the just -- you were hurling. >> i was, i was. in the middle of the night. i had to send an e-mail to the producers. >> it's very weird. it's not even a 24-hour thing. >> no, i will say it was going by when the show was still going on. >> we have a pro gun advocate on. >> you didn't throw up when -- okay. >> by the way, a viewer has offered to take me shooting in new jersey at a shooting club. >> i saw a lot of stuff. >> i'm taking him up on it. but we have news to get him up to. >> some people hold that second amendment thing, they actually think it means
and andrew ross sorkin. we are one step closer to the cliff and still no deal. you could say we've taken a huge step backwards at this point. we will be joined to talk about why plan b, that bill didn't make it to the house and what the next step is. coming at 6:40 eastern time, red hat has been red hot. that company reporting quarterly results and we have the ceo. at 7:00 a.m. eastern time, we will welcome our guest host, roger altman and barry knapp. we have thorsten heins joining us, as well. >> our big story of the morning, it could be a tense days for the markets as the resolution to the physical cliff appears less likely. we can see the futures opening at least 150 off if things keep up the way they are. house speaker john boehner failing to mount enough support for his plan b that would raise taxes only on families earning more than $1 million. the president vowing he will press ahead with congress to get a deal done. >> he wasn't going to do it, anyway. what does he mean it will press ahead? >> i don't know. >> because it wasn't going to go to the senate. >> but to me, the demons
. sharon osbourne on her life-changing year. [ ross ] the streets of monaco, home of the legendary grand prix circuit. the perfect place to bring the all-new cadillac ats to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have ended the day not scraping some red paint off on these barriers. ♪ [ male announcer ] the all-new cadillac ats. bp has paid overthe people of bp twenty-threeitment to the gulf. billion dollars to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. >>> my relationship with sharon osbourne has always been, well, let's just say a little complicated. we spent a lot of time together onstage and off. we were both judges on "america's got talent" for f
on facebook. on the technical side, richard ross is with me. on the fundamental story, zachary carabell. gentlemen, good to see you. zach, do you think being added to the nasdaq 100 helps facebook's stock? >> no, it's a good one-day story. it helps for liquidity, but this is not a name with hundreds of millions of shares in circulation that needs liquidity help. it's a nice thing to talk about, but not help for the stock. >> what do you think, rich? >> we love the chart. look, there's a thin line between love and hate in this business. we hated it at 33. we love it here at 28. we bring up the chart, i'll tell you how we get there. we've taken out the down trend that's been in place since the failed ipo you alluded to. we now have a four-month base of support. we say the bigger the base, the bigger the support. we see upside to 33 on facebook. we're a big buyer. >> zachary, what do you say about that? >> you know, obviously the name has been working. it's down hugely from its ipo price. momentum, as any trader will say, and i'm not speaking with that hat, can be your friend, but it can a
with richard ross and on the fundamental side it's max wolfe with green crest capital. guys, we're tight on time so you've got one chance to make your case. max, apple tv, what effect would have that on the company's stock? would you buy it? >> people will like it, a chance to use another samsung product and stick some of their stuff in it, rebrand it and advertise it and sell it for more money. i don't think it's a game changer, but it will keep people buzzing in a positive way. i think ultimately they will lose market share in the tablet space and it's hard to bring the iphone 5 or 6 back up to where the iphone 3 and 4 and 4is were. i like the company, always have a good fourth quarter, but they will have to do something to stick apple tv in a box and charge three grand for it. >> rich, what do you say about apple right now? >> technology is unpredictable. right now charts are telling you, you want to hang in there and you want to be a buyer. when you look at long-term weekly chart, we're all familiar with the 25% pullback to key support at the well-defined trend line. what i love abou
down more than 7% and dollar general off 6% and ross stores losing more than 4% and walmart, the world's largest retailer, the biggest loser of the dow 30 for the week. j.c. penney shares up more than 15% this week. the s&p 500's biggest weekly gainer. material, the week's biggest gainer, cliff natural resources up 14% and u.s. steel up 8.5%, but by far the biggest talker of the week is a. just two analysts today warning that iphone sales might be less than they were expecting. the stock down almost 5% for the week and dragging the nasdaq down right along with it. see that happen almost every time. thanks so much. >> courtney reagan with the latest. want to update you on the tragic school shooting in connecticut. let's get to nbc's chris polone. chris? >> reporter: yeah, maria, this is a stunned community as is much of the northeast and the country upon hearing of the awful event that happened here today in newtown, concould. police briefed the media giving the latest information, and here's what we know so far. 26 total victims, 20 of them young children. civics them were adults in th
ross and on the fundamental side it's steve cortes with veracruz. rich, look at the charts. which of these do you prefer, or do you prefer them right now. >> well, bill, the case of the biggest loser here, but overwhelmingly i prefer groupon. stock became public a year ago in facebook style. lost 90% of its value in just 12 months. had a nice bounce here. we've taken out the downtrend from the february high and taken out 509-day moving average. you see that key resistance, that key level at 550. i think we're going to take that out. we have a v-shaped reversal. a lot of momentum. we see projected upside to the 200 day, 8.40, 8.50, a very nice upside. we'd be a big buyer of groupon. j.c. penney, stay away from j.c. penney. the stock has been disappointing investors for over five years. down 87% from the 2007 high around $90. gotten a little bit of a bounce. you want to fade that bounce. don't trade that bounce. >> okay. >> you can sell your shares to steve because you want to buy them, right? >> i'm on the exact other side of this. bill, would i say trying to choose between these t
-- >> comes on the radio and tv, tell him i'd like to talk to him. the head whip, the main guy ross ki roskins? >> he and kevin mccarthy. >> right. we appreciate it. >>> let's bring in our distinguished panel with us throughout the hour. they may be here for days. we'll remain on the air until we get that final vote that mr. schock talked about. here's cnbc contributor keith boykin, former clinton would you do aide and having fun tonight watching the republicans, and we welcome back heather higgins, president and ceo of the independent women's voice. heather higgins is this a good or bad bill, plan b? >> it is the best that boehner can do in an awful situation that he's in, and he's in an awful situation for a variety of reasons. not least of which is poor messaging on the growth message. the average citizen just thinks this is about keeping tax rates low for rich people, and that republicans don't care about the middle class. they don't understand that tax increases are really bad for growth, and what this whole debate ought to be about in terms of entitlement reform and keeping taxes low is
be repeated. ten families from the aurora shooting, they're speaking out with solidarity. plus, dr. ross takes us inside the mind of a killer. >> he was different. he was quiet. a nice kid, a good kid. >> how this time it may be different in changing the law of the line. >> we can't tolerate this anymore. these tragedies must end. and to end them, we must change. >> this is "piers morgan tonight." >> good evening. just a few minutes in the studio, we're going to do something quite extraordinary. i'm going to sit down with ten americans who lived what we hoped might be the last mass shooting in this country, the massacre in a movie heater in aurora, colorado. you need to hear what these people have to say about guns in america. >>> but first, a picture none of us ever imagined or feared we would ever have to see. the first funerals of the 20 young children killed at the sandy hook school in newtown, connecticut, on friday. 6-year-old jack pinto was laid to rest today. in his obituary, his family wrote, "jack will forever be remembered for the immeasurable joy he brought to all who had the pleas
etf, which i use the rth, i am in there with the ones with the best momentum. similarly, ross stores, tjx and bed bath and beyond during these sectors, when they grab a sector because they have most inexpensive earnings momentum. there's another strategy for more sophisticated investors i want to let you in on too. when i know what's in the best of the best in terms of earnings because i focus on the calls and a huge amount of money was poured into a given sector, i like to hedge my bets, sell the etf, and buy the best performers in the etf according to my earnings per share work. that way if the move takes a turn for the worse we get a large macro number that hurts our market, one of those government numbers, or we get some weakness out of europe i can lose less than the people just playing the earnings momentum game because i own the best and i am short the rest. sector analysis is particularly important in technology. because people confuse this gigantic group of stocks, which comprises more than 15% of the s&p 500, constantly. tech is actually the agglomeration of a whole group o
to "squawk box" on cnbc. i'm joe kernen, along with andrew ross sorkin. becky quick is off today. is this evans hour? "youngblood?" >> i don't know this song. ♪ >> futures are higher not as much as before. 17 points or so. being up at all with the fiscal cliff really looking like we're -- why wouldn't we head over. you go back to 39.6 on anybody 250 and above and ride in and lower taxes and be a hero. see republicans vote against that. >>> pre-christmas shopping rush wasn't much of a rush at all, at least not the type economists were expecting. a mastercard spending poll reports holiday sales were up .7 of a percent a year ago well below expectations. and we'll get a fresh read also on home prices when the monthly ca case-shiller report comes out at 9:00 eastern and congress thinks it will show 3.7% in prices for october from a year earlier, continued improvement. and netflix customers were hit by a partial holiday outage, some unable to access the service from clrm eve through thursday morning. they should have been spending time with the family around the hearth. >> a lot of
thirty next. [ ross ] the streets of monaco, home of the legendary grand prix circuit. the perfect place to bring the all-new cadillac ats to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have ended the day not scraping some red paint off on these barriers. ♪ [ male announcer ] the all-new cadillac ats. >>> just about 45 minutes past the hour. if you like "the hurt locker" get ready for "zero dark thirty." >> we're sending billions of dollars. we are still no closer to defeating our enemy. >> 20 detainees recognize that phot photo. >> no birth certificate, no cell phone. the guy is a ghost. >> film critics are calling it a stark portrayal of the grueling hunt for osama bin laden and the raid that eventually killed him. the movie opens in limited release on december 19th. and the controversy surrounding it certainly is helping to create buzz. a.j. hammer joins us now from new york. kathryn bigelow made "the hurt locker." i've heard this movie is supposed to be ter
a letter of protest saying the union doesn't qualify as a peacemaker. >>> some called her the diana ross of mexican music. people are mourning the loss of jenni rivera. a 43-year-old singer and reality star died in a plane crash over the weekend along with everyone else on board. men who gave rivera her big break reflects on what her music meant to her fans. >> in mexico, she represents a lot of ladies that, they cannot talk loud. they cannot say their feelings, so the public feel represented by jenni rivera, but the letters, the lyrics of the songs. >> our senior latin american affairs editor, rafael romo, is here and rafael, tell us more about what her music meant to her fans and this was an extraordinary person. >> she had a very powerful voice, first of all, and i think her fans will remember her for empowering women. as our guest was saying just a few moments ago, but i think people will remember her for her ability to connect. she was as popular with mexican americans here in the united states, just as popular as she was in mexico. they called her dina and for anyone who called her
from drivers who say their cars sped up without warning. abc's brian ross was the first to expose this problem. the lawsuit that was filed two years ago blamed a flaw in toyota's electronics. although a government investigation later flamed poor-fitting floor pats and sticky gas pedals. if a judge approves that settlement, toyota will compensate some owners for the car's loss in value. and will install new safety equipment in more than 3 million vehicles. >>> and police in miami are looking for five brazen robbers who are behind a jewelry store heist that turned into a wild shoot-out. look at this. the men burst into the shop with guns blazing, shooting the owner and firing recklessly in an area that was packed with holiday shoppers. you can see smoke rising from the gun being fired. the wounded owner, a father of ten, fired back, forcing the men to run out so quickly, they almost forgot all of that stolen jewelry. >>> and in new mexico, police arrived just in time to break up a fight between two veterans that could have turnled deadly, as you're about to see. it all stemmed from
to seeearenn ross when it comes to baltimore... is coming uppright after the break. you're watching fox 45 mornnng news.. all locall. all pmrniig. ((break )) [ woman ] weighing myself in times square is a little frightening. i weigh myself naked. can i take my clothes off, too? [ woman ] oh, i don't want to look. ♪ [ woman ] let's get it over with. ♪ satisfaction! satisfaction! pizzazz! pizzazz! confidence. i like it! joy! [ female announcer ] tell us... what will you gain when you lose? [ female announcer ] tell us... allltheeaction of arena cross first mariier arena januaay &p11thh13thhtickets are on sale inside for free.feld tiikets to give awayyto you this mornnng. morning.the 10th caller right now at 410-481-4545 wins a ((toss to weather)) ((aa lib meteorologist)) 3 weather kid tease 3 3 3 coming up... a miracle on the side of the highway. highwaa.this is the best gift i gottthis chrrssmas. without a doubt." one state rooper as the first to respood to a irth on the side-of-the road. to keep your resolution this . year.the apps that'll help you &pstay on track.y
is in washington d.c. with more of ross. >> reporter: health care exchanges are a big part of obamacare, but as the deadline today, about half of the state to saying, no thanks. we are not going to operate them ourselves. eighteen states plus d.c. will create their own. twenty-six states will let the federal government set them up for them. six states we will set them up in partnership with the fed. some republican governors are passing because they oppose the obamacare from the get go. other governors are awaiting more details from washington demoted think that these things are too risky to take on. let the fed stayed down all the risk and possible unexpected cost. massachusetts, however, has been operating one of these for several years. they are supposed to be like travel loss of the cover buying health insurance coverage. sign-on and shop around for the plan that is the best price with the options that you want. now, the administration is counting on these to help provide insurance coverage for up to 203 million people by 2016. they are all supposed to be up and running by january 1
that name is still buying to be on your arm or your back or ross you decide but it. i remember being in a whole food store. she was 20 at most. she was wearing a look at top from 20 yards away you could read the tattoo that spread all across her chest. it read begin. huge global letters. it will never go away. whether or not she ever it's a stake or eight again. why mark yourself alive tonight why put an ugly blotch understand? by the way, over time most tattoos eventually start to look like a bruise. for some reason the urge to markers of has become fashionable on last 45 years, but i think that fashion has run its course. there must be a lot of people who would now love to get that ugly mark off. here's a business opportunity. , but the guaranteed tattoo removal technology and open a chain of tattoo removal parlors a sure-fire winner. i hate those things. ...so as you can seeico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is comput
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